#ARMENIA
Armenia would agree to a change in status quo of Nagorno-Karabakh, but only if there were a comprehensive solution
Addressing the maiden session of a new Armenian parliament, elected in the April 2 elections, Armenian president Serzh Sargsyan said Armenia would agree to a change in the status quo of the Nagorno-Karabakh, but only if there were a comprehensive solution to the conflict.Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams
In the first quarter of 2017 Armenia-based commercial banks increased their reserves for possible credit losses by 18.9 billion drams or 22.7% from the year before to 102.7 billion drams, according to ARKA news agency’s financial and economic bulletin "Banks of Armenia" (performance indicators for the first quarter of 2017).Armenian president calls for increasing GDP to $60 billion by 2040
Armenia needs to secure a 5% GDP growth annually in the period from 2016 to 2040 and increase it by about 5.5 times by that time- up to more than $57-60 billion, president Serzh Sargsyan said today when addressing the new parliament.Armenian Tsakhkadzor among top 3 CIS mountain resorts
The Russian TurStat agency has included the Armenian resort town of Tsakhkadzor in the list of the top three most popular mountain summer resorts across the Commonwealth of Independent States (CIS), a loose union of several former Soviet republics.Share of electricity produced by hydropower plants in Armenia can reach 40%
The share of electricity produced by hydropower plants in Armenia can reach 40% of the overall volume, deputy minister of energy infrastructure and natural resources Hayk Harutyunyan said at a conference on renewable energy today.VTB Bank (Armenia) provides loans at lowered interest rates
In the run-up to the summer season, VTB Bank (Armenia) has downed nominal and effective interest rates on credit lines and consumer loans “Universal” – starting from 12.5% and from 13.5% respectively, the bank’s press office reported on Wednesday.Armenia and Qatar discuss cooperation in aviation field
During an official visit to the State of Qatar, Armenian President Serzh Sargsyan met today with the Executive Director of Qatar Airways Akbar Al Bakri, Sargsyan’s press office reported, saying also that they discussed the Armenian-Qatar cooperation in the field of aviation.World Bank predicts 2.7 percent growth for Armenia in 2017
Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefiting the eastern half of the region, and a continued recovery in the western half of the region, according to the latest ECA Economic Update, Trade in Transition report, launched today in Tbilisi, Georgia.Continuous dialogue should be established between private sector and Armenian government
There should be a continuous dialogue between representatives of the private sector and the Armenian government, former chairman of the SME Cooperation Association Hakob Avagyan said on Friday.Armenia ranked 84th among 136 countries in terms of tourism development by the travel & tourism competitiveness report 2017
Armenia ranks 84th among 136 countries in terms of tourism development, according to The Travel & Tourism Competitiveness Report 2017, annually compiled by the experts of the World Economic Forum.News 15781 - 15800 of 18476
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